"Hemi Unites Bitcoin and Ethereum: Mainnet Launch on March 12, 2025"

Generated by AI AgentCoin World
Tuesday, Feb 25, 2025 11:16 am ET1min read
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Hemi, a modular blockchain network powered by Bitcoin and Ethereum, is set to launch its mainnet on March 12, 2025. This significant milestone unites the Bitcoin and Ethereum ecosystems into a single supernetwork, offering superior scaling, security, and interoperability.

Founded by renowned early Bitcoin developer Jeff Garzik and blockchain security pioneer Max Sanchez, Hemi has already attracted over $300 million in total value locked (TVL) and secured a $15 million seed round led by Binance Labs, Breyer Capital, and Big Brain Holdings. The transition from testnet to mainnet positions Hemi as a vital infrastructure layer for decentralized finance across Bitcoin and Ethereum, enabling innovation and scalability across the blockchain space.

Hemi's early Day One ecosystem collaborators will offer a range of protocols, allowing users to build applications that are both Bitcoin- and Ethereum-aware, participate in lending and DEX liquidity provision, trade perpetuals, stake and restake popular BTC and ETH tokens, borrow and swap tokens, and create synthetic assets. The DeFi ecosystem has a strong focus on providing liquidity and yield opportunities for many of the most popular liquid staking tokens (LSTs) and liquid restaking tokens (LRTs) from the Bitcoin and Ethereum ecosystems.

Hemi's approach to integrating and scaling Bitcoin and Ethereum is unique, as it views them as components of a larger supernetwork. This surfaces the key capabilities of both networks and enables a new class of previously unattainable blockchain applications. Key benefits of Hemi include unifying Bitcoin and Ethereum, Bitcoin programmability, superfinality, trustless cross-chain portability, and asset programmability.

With the launch of the mainnet, Hemi Labs envisions a new, converged Internet ecosystem that is secure, interoperable, and ready for the many challenges of a Web3 that is imminently colliding with the Internet at large. Users can learn more about Hemi at .

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